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Crypto Market Rockets to $2.73T as Fed Rate Hike Fears Evaporate

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The crypto market’s overall valuation turned sharply higher Thursday, pushing its total value to $2.73 trillion as fading expectations for another Federal Reserve rate increase sent traders piling back into digital assets. The move stretched across the broad market rather than staying concentrated in one corner. Bitcoin climbed roughly 4.8% and touched $81,364, while ethereum […] Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH / Bullish GT / Bullish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike fears receding boosts risk appetite, lifting crypto market broadly.

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Crypto Market Rockets to $2.73T as Fed Rate Hike Fears Evaporate — Crypto Insight